New Dow Jones Credit Suisse Hedge Fund Index Commentary Reviews Hedge Fund Performance in 2012

  New Dow Jones Credit Suisse Hedge Fund Index Commentary Reviews Hedge Fund
                             Performance in 2012

PR Newswire

NEW YORK, Jan. 18, 2013

NEW YORK, Jan. 18, 2013 /PRNewswire/ --The Dow Jones Credit Suisse Hedge Fund
Index team today released its 2012 Hedge Fund Market Review. The report
includes statistics on hedge fund performance and asset flows in 2012. Some
key findings from the report include:

  oHedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index,
    finished December up 1.48%. Overall performance for 2012 was 7.67%;
  oThough the industry saw estimated outflows of approximately $31B in 2012,
    overall assets remained relatively stable at $1.8T when factoring in
    performance gains;
  oThe Fixed Income Arbitrage and Global Macro sectors experienced the
    largest asset inflows on a percentage basis in 2012, with inflows of 16.0%
    and 3.6%, respectively;
  oA greater number of hedge fund managers posted positive performance in
    2012, approximately 75% compared with about 35% in 2011;
  oOn an industry-wide basis, a larger percentage of asset inflows went to
    funds with monthly or better liquidity, suggesting greater investor demand
    for more liquidity; and
  oOverall, hedge funds, as represented by the Dow Jones Credit Suisse Hedge
    Fund Index, continued to provide positive risk-adjusted returns relative
    to other strategies.

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The report also offers insight into hedge fund performance in the month of
December. Industry commentaries and publications are available in the "News"
section of our website, www.hedgeindex.com. Click here to view the 2012 Hedge
Fund Market Review.

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About Credit Suisse AG

Credit Suisse AG

Credit Suisse AG is one of the world's leading financial services providers
and is part of the Credit Suisse group of companies (referred to here as
'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer
clients its expertise in the areas of private banking, investment banking and
asset management from a single source. Credit Suisse provides specialist
advisory services, comprehensive solutions and innovative products to
companies, institutional clients and high net worth private clients worldwide,
and also to retail clients in Switzerland. Credit Suisse is headquartered in
Zurich and operates in over 50 countries worldwide. The group employs
approximately 48,400 people. The registered shares (CSGN) of Credit Suisse's
parent company, Credit Suisse Group AG, are listed in Switzerland and, in the
form of American Depositary Shares (CS), in New York. Further information
about Credit Suisse can be found at www.credit-suisse.com

Copyright © 2013, CREDIT SUISSE GROUP AG and/or its affiliates. All rights
reserved.

Source: Credit Suisse Asset Management, LLC, 2013.

Certain information contained in this document constitutes "Forward-Looking
Statements" (including observations about markets and industry and regulatory
trends as of the original date of this document), which can be identified by
the use of forward-looking terminology such as "may", "will", "should",
"expect", "anticipate", "target", "project", "estimate", "intend", "continue"
or "believe", or the negatives thereof or other variations thereon or
comparable terminology. Due to various risks and uncertainties beyond our
control, actual events, results or performance may differ materially from
those reflected or contemplated in such forward-looking statements. Readers
are cautioned not to place undue reliance on such statements. Credit Suisse
has no obligation to update any of the forward-looking statements in this
document.

This document was produced by and the opinions expressed are those of Credit
Suisse as of the date of writing and are subject to change without obligation
to update. It has been prepared solely for information purposes and for the
use of the recipient. It does not constitute an offer or an invitation by or
on behalf of Credit Suisse to any person to buy or sell any security. Any
reference to past performance is not a guide or indicator to future
performance. The information and analysis contained in this publication have
been compiled or arrived at from sources believed to be reliable but Credit
Suisse does not make any representation as to their accuracy or completeness
and does not accept liability for any loss arising from the use hereof.

Dow Jones® and Dow Jones Credit Suisse Hedge Fund Indexes are trademarks of
Dow Jones Trademark Holdings LLC ("Dow Jones"), and Credit Suisse Group AG, as
the case may be, and have been licensed for use by Credit Suisse Index Co.,
LLC and S&P Dow Jones Indices LLC and its affiliates ("S&P Dow Jones
Indices"). STANDARD & POOR'S® and S&P® are registered trademarks of Standard &
Poor's Financial Services LLC. Investment products based on the Dow Jones
Credit Suisse Hedge Fund Indexes are not sponsored, endorsed, sold or promoted
by Dow Jones, S&P Dow Jones Indices or their respective affiliates and none of
Dow Jones, S&P Dow Jones Indices and their respective affiliates make any
representation regarding the advisability of investing in such products.
Inclusion of a hedge fund or a company in any of these indexes does not in any
way reflect an opinion of Dow Jones, S&P Dow Jones Indices or any of their
respective affiliates on the investment merits of such fund or company. None
of Dow Jones, S&P Dow Jones Indices or any of their respective affiliates is
providing investment advice in connection with these indexes.

SOURCE Credit Suisse AG

Website: http://www.credit-suisse.com
Contact: Credit Suisse, Katherine Herring, Corporate Communications,
+1-212-325-7545, katherine.herring@credit-suisse.com; or S&P Dow Jones
Indices, Dave Guarino, +1-212-438-1471, dave_guarino@spdji.com
 
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